Date: 3 months ago   Category: Economy

Russia and Turkey are ready to mutual settlements in national currencies, the expert - RIA Novosti, considers 9/4/2018


Turkish lira. Archival photo
MOSCOW, 4 Sep — RIA Novosti. Russia and Turkey are ready to use of national currencies in mutual trade, it will allow to save costs for currency converting, the program director of the international Valdai Discussion Club Yaroslav Lisovolik.© RIA Novosti / Alyona Palazhchenko the Expert considers: Turkey will strengthen relations with Russia against the background of crisis with the USA "From my point of view, it can be made rather quickly, readiness for use of national currencies declared in mutual calculations already and the Turkish side, especially in the context of transactions with the regional partners, not only with Russia. Representatives of the Russian government say that this process can be expanded, both with Russian and from the Turkish side there is such readiness. It is a question of the near future including an opportunity to save to some extent on the transaction costs connected with converting of dollar in national currencies" — he has told RIA Novosti. The Minister of Industry and Trade Denis Manturov has reported in an interview of RIA Novosti that the Russian car makers pass to calculations with Turkey for deliveries of accessories in national currencies, declared a number of the companies such plans. At the same time, in the middle of August the Russian President's Press Secretary Dmitry Peskov said that Russia seeks for use of national currencies in trade with Turkey, but this subject needs to be worked scrupulously.

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